In 1993, the first topic pages and fan pages on the Web attracted disproportionate amounts of attention; Eric Lippert recounts how his Lord of the Rings fan page made him an “expert” In 2003, Amazon was able to drive traffic through Google AdWords even though in the beginning it was bidding only the minimum 5 cents a click on every keyword. There is a first-mover advantage. But it’s not what everyone thinks. It isn’t being the first product in a market. MORE

I met Jordy in 1993, the year Euclid invested in the business he and his partner Ronny started, Upgrade Corporation Of America. In any case, you can see from my business card that in 1993, business was done largely on the phone. MORE

Jimmy V’s classic ESPY speech from 1993, delivered two months before his cancer killed him, talks about cherishing every moment of good health. I came down with food poisoning last night. Twice during the night, I got out of bed, went into the bathroom, and threw up. MORE

He did both of those things at his Pseudo Programs company that he started in 1993. Around the same time, 1993 ish, Josh predicted to me that auctions would be one of the first big businesses to take shape on the Internet. I have been reading Whiplash , a book I recommended here last week. It starts with the story of the Lumiere brothers , who are credited with the invention of “the moving picture.” MORE

According to an interview with TSR , the French-language Swiss TV broadcaster, Kamprad drives a 1993 Volvo 240 , flies only economy class , and encourages IKEA employees always to write on both sides of a piece of paper. MORE

Remember Lou Gerstner ran American Express before taking the helm at IBM in 1993. We all woke up to the news that Microsoft is buying Nokia for ~$7B (ok, not the carrier infrastructure biz but the main part of Nokia that anybody cares about). MORE

COVER FRIDAY: The Nile Song performed by Voivod - By 1993, the original Voivod lineup began to fray. The Outer Limits album was the first without bassist Blacky and the next album Negatron would see the departure of Snake. While Eric Forrest would do an admirable job filling in the bass and vocals spot, it never seemed like the same band. They were not bad albums by any stretch, just not the Voivod that we knew. MORE

That is very hard to predict, just as it was hard to predict back in 1993 what the successful native Internet apps there would be (try to find someone in 1993 who predicted Wikipedia, Twitter, blogging, etc). Fred Wilson calls applications built using Bitcoin that couldn’t have existed prior to Bitcoin “ native Bitcoin apps “ Most of the applications built so far on Bitcoin are not native by this definition. MORE

I was on three other public company boards, including being co-chairman of MessageMedia with Jerry Poch, who was Len’s partner in their previous company (AmeriData Technologies – which had bought my first company – Feld Technologies – in 1993). Since I’d first met Len in the spring of 1993, he was beloved by almost everyone around him. The amount of energy he put into me, and his relationship with me, was unexpected by me when he bought Feld Technologies in 1993. MORE

whitneymcn : Fugazi - And The Same (live, 1993). As a historical note, this is from the 1993 run at the Roseland in New York where the band reportedly turned down a ten million dollar offer to sign with Atlantic Records. Each one gets different facets of the band, but I think that this recording captures something essential about Fugazi in the same way that the incredible 1988 video of Waiting Room does. MORE

The latter catapulted her to the national stage in 1993, when she read “On the Pulse of Morning” at Bill Clinton’s inauguration.) No music, no calls, and a bottle of sherry in empty hotel rooms: inside the process of a literary legend. Maya Angelou was many things--a waitress, a teacher, an activist, and a playwright, to name a few--but the 86-year-old, who quietly passed in her home this morning, was most renown for her accomplishments as an author. MORE

1993: Finding a way to make peace in the wake of Chris Hani''s assasination The second strategic decision occurred shortly after Mandela became a free man but before he was elected President in 1994. Only a handful of people in a century command the global authority that Nelson Mandela does. MORE

later to become Glencore International AG, sold about 32 shipments to Romanian state firms from 1993 to 1996 made up of cheaper crude blends than agreed, and falsified documents, Julian Flaux, the judge in the London court, said in his ruling on Friday. (Bloomberg) -- Glencore Plc was ordered to pay just over $40 million to OMV Petrom SA by a U.K. court for fraudulently shipping oil of a lower-than-purported quality to Romania in the 1990s. Marc Rich & Co., MORE

I learned this in 1993 when my first company was acquired by Len Fassler and Jerry Poch, two of the absolute master deal makers I’ve ever worked with. I’ve had some really crummy experiences with business and corporate development people in the past year. There’s been a strange change in ethos, where suddenly people have forgotten that when they do deals, they are doing deals with other people, not with a company. MORE

10, 1993; Held by a noncorporate taxpayer (meaning any taxpayer other than a corporation); Acquired by the taxpayer on original issuance (there are exceptions to this rule); and. For the past twenty years, the US federal tax code has included provisions that allow startup investors to get favorable tax treatment on the capital gains they earn on early stage investments. These provisions are in Sections 1202 and Sections 1045 of the tax code. MORE

Here’s the quick story: in 1993, we founded our first company, Pinpoint Technologies, which grew from a basement startup to a successful multinational company with $50 million in annual sales and over 250 employees. MORE

I’d sold my first company, Feld Technologies, in 1993. Nope – Amy and I aren’t moving to Homer. While we have a home in Homer, where we will be for the next three weeks, we still call Boulder, Colorado our home. But we came very close to moving to Homer in 1995. MORE

I have been investing almost exclusively in Internet-based businesses since 1993 and that has helped me understand the dynamics, economics, and unique characteristics of doing business on the Internet. When something new comes along, like the Internet in 1993, Web 2/Social in 2003, Mobile in 2007, or Blockchain in 2011, initially it is opaque, like mist, as Simon said to me. MORE

Feld Technologies was acquired in November 1993. I often get asked how I ended up becoming a venture capitalist. When people ask me how they can become a VC, I point them to my partner Seth Levine’s excellent blog posts How to become a venture capitalist and How to get a job in venture capital (revisited). But it occurred to me today – after getting another email asking me how I’d become a VC, that I wasn’t really answering the question. MORE

I learned this value from Len Fassler and Jerry Poch in 1993 when they acquired my first company. I was on the phone with an old friend last week. We were talking about a few things around a negotiation, and he said something profound. “I just want things to be fair and reasonable.” ” I loved this phrase. I had never bought, sold, or invested in anything up to that point. MORE

In fact, a 1993 paper by Peter N. First-Mover Advantage is an idea that just won’t die. I hear it from every class of students, and each time I try to put a stake through its heart. Here’s one more attempt in trying to explain why confusing testosterone with strategy is a bad idea. MORE

… In 1992, TWA filed for bankruptcy, emerging in 1993 with its creditors owning 55 percent of the company. He resigned as chairman in 1993, and by 1995 he was growing impatient to be repaid. From “TWA – Death Of A Legend” by Elaine X. Grant in St. Louis Magazine, October 2005. –––. MORE

In the period with which this case is concerned, 1993 to 1996, crude oil was being imported in accordance with the requirements of the refineries in Romania pursuant to programmes laid down by the Government, although it is fair to say that difficulties experienced by Romania in obtaining foreign currency from time to time in that period meant that the actual importation of crude oil was more haphazard than the programme might suggest. MORE

Led by Avi Freedman, a top network pro with more than 20 years of experience (he was my first ISP in the Philadelphia area in 1993 and later ran Abovenet’s engineering and Akamai’s network groups), along with Co-founders Ian Applegate, Ian Pye, and Justin Biegel, the team has run large networks and service operations for decades. MORE

million) of the 15 million net new jobs created between 1993 and 2009. This is a guest post from Jerry Engel, the Faculty Director of the National Science Foundation Innovation Corps (and the Founding Faculty Director of the Lester Center for Entrepreneurship at UC Berkeley.). MORE

But we stayed after it and built a successful company that was consistently profitable and acquired by a public company in 1993 for a few million dollars. I was a CEO once. In my first real company, Feld Technologies, there were two founders – me and Dave Jilk. MORE

I’ve only worked in what could be considered a “big” company for 18 months (1993 – 1995) and that was the company (AmeriData) that bought my first company (Feld Technologies). I am so very tired of MBO-based bonuses in startups. I knew the concept of MBOs pre-dated my time in business school, but I couldn’t remember where they came from. Wikipedia reminded me – it’s another Peter Drucker creation from The Practice of Management. MORE

RALEIGH (AP) — Bank of America settled a decades-old case that accused its predecessor company of systematically discriminating against black applicants for entry-level jobs in Charlotte, the U.S. Labor Department said Monday MORE

In my mental model of Silicon Valley, the first "tree" was Fairchild Semiconductor (founded in 1957) which begat Intel (founded 1968) which begat Apple (1976) and Oracle (1977), which begat Sun (1982), Silicon Graphics (1981), and Cisco (1984) which begat Siebel (1993) and Netscape (1994), which begat Yahoo! This weekend finds NYC in between Internet Week (which I largely missed because of my London trip) and Disrupt NYC (which I will be at on and off this coming week). MORE

You can see from the chart below that the number of internet hosts grew 10x from 1989 to 1993 – that’s roughly 2x a year. Coindesk just published their quarterly ‘ State of Bitcoin ‘ presentation. MORE

We got married in 1993. The second book in the Startup Revolution series, Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur , is shipping in the next week or so. My wife Amy Batchelor and I wrote this one, with contributions from about 20 other entrepreneurial couples. Amy and I have been friends since we met in college in 1984. We have been together as a couple since 1990. Our marriage almost ended in 2001. Today, I am ecstatic in my relationship with Amy. MORE

By 1987 I was regularly using faxes and Federal Express (the only overnight mail I was aware of), but a mobile phone and email didn’t really show up until around 1993 for me. I spent the day yesterday doing Denver Startup Week stuff. I was on a bunch of panels and during one of the Q&A sessions someone asked something to the effect of: “Now that things are moving faster than ever before, how do you deal with / keep up with them?” MORE

It 1993, I sold my first company, Feld Technologies, to a company called Sage Alerting Systems (which, after several name changes, became AmeriData Technologies.) Several years ago, Alex Iskold wrote a great overview of What It Is Like To Sell Your First Company. I thought it was a great description and encourage every entrepreneur who has never been through the sale of a company to read it. MORE

All of which are in their 1993 era. In a very short period of time, opinions of anything can change. It wasn’t so long ago that these statements were made about the internet as a commercial platform: It’s for nerds. “Fine, you nerds can do what you want but normal people are never going to use this thing.” ” It’s completely decentralized, which means you can’t trust it. MORE

At the same time we were introducing the browser in 1993, Steven Spielberg released his magnum opus, the film Jurassic Park. I am tickled pink to announce Andreessen Horowitz’s participation in a new project called the Glass Collective. Along with our friends at Google Ventures and our old partners in crime at Kleiner Perkins, we are working with Google to encourage a new generation of startup entrepreneurs to build applications for Google’s new breakthrough Glass platform. MORE

Here are a few examples from my first company, Feld Technologies (1987 – 1993). Ben Horowitz from Andreessen Horowitz has a beautiful post up titled The Struggle. He captures – in words – what many entrepreneurs, especially entrepreneurial CEOs go through. I’ve heard variants of it many times over the years and have experienced it myself in several companies where I’ve been the entrepreneur and many companies where I’ve been the investor. MORE

He did both of those things at his Pseudo Programs company that he started in 1993. Around the same time, 1993 ish, Josh predicted to me that auctions would be one of the first big businesses to take shape on the Internet. I have been reading Whiplash , a book I recommended here last week. It starts with the story of the Lumiere brothers , who are credited with the invention of “the moving picture.”

RALEIGH (AP) — Bank of America settled a decades-old case that accused its predecessor company of systematically discriminating against black applicants for entry-level jobs in Charlotte, the U.S. Labor Department said Monday

I have been investing almost exclusively in Internet-based businesses since 1993 and that has helped me understand the dynamics, economics, and unique characteristics of doing business on the Internet. When something new comes along, like the Internet in 1993, Web 2/Social in 2003, Mobile in 2007, or Blockchain in 2011, initially it is opaque, like mist, as Simon said to me.

whitneymcn : Fugazi - And The Same (live, 1993). As a historical note, this is from the 1993 run at the Roseland in New York where the band reportedly turned down a ten million dollar offer to sign with Atlantic Records. Each one gets different facets of the band, but I think that this recording captures something essential about Fugazi in the same way that the incredible 1988 video of Waiting Room does.

I met Jordy in 1993, the year Euclid invested in the business he and his partner Ronny started, Upgrade Corporation Of America. In any case, you can see from my business card that in 1993, business was done largely on the phone.

COVER FRIDAY: The Nile Song performed by Voivod - By 1993, the original Voivod lineup began to fray. The Outer Limits album was the first without bassist Blacky and the next album Negatron would see the departure of Snake. While Eric Forrest would do an admirable job filling in the bass and vocals spot, it never seemed like the same band. They were not bad albums by any stretch, just not the Voivod that we knew.

I learned this value from Len Fassler and Jerry Poch in 1993 when they acquired my first company. I was on the phone with an old friend last week. We were talking about a few things around a negotiation, and he said something profound. “I just want things to be fair and reasonable.” ” I loved this phrase. I had never bought, sold, or invested in anything up to that point.

I was on three other public company boards, including being co-chairman of MessageMedia with Jerry Poch, who was Len’s partner in their previous company (AmeriData Technologies – which had bought my first company – Feld Technologies – in 1993). Since I’d first met Len in the spring of 1993, he was beloved by almost everyone around him. The amount of energy he put into me, and his relationship with me, was unexpected by me when he bought Feld Technologies in 1993.

That is very hard to predict, just as it was hard to predict back in 1993 what the successful native Internet apps there would be (try to find someone in 1993 who predicted Wikipedia, Twitter, blogging, etc). Fred Wilson calls applications built using Bitcoin that couldn’t have existed prior to Bitcoin “ native Bitcoin apps “ Most of the applications built so far on Bitcoin are not native by this definition.

whitneymcn : Fugazi - And The Same (live, 1993). As a historical note, this is from the 1993 run at the Roseland in New York where the band reportedly turned down a ten million dollar offer to sign with Atlantic Records. Each one gets different facets of the band, but I think that this recording captures something essential about Fugazi in the same way that the incredible 1988 video of Waiting Room does.

I met Jordy in 1993, the year Euclid invested in the business he and his partner Ronny started, Upgrade Corporation Of America. In any case, you can see from my business card that in 1993, business was done largely on the phone.

But we stayed after it and built a successful company that was consistently profitable and acquired by a public company in 1993 for a few million dollars. I was a CEO once. In my first real company, Feld Technologies, there were two founders – me and Dave Jilk.

I’d sold my first company, Feld Technologies, in 1993. Nope – Amy and I aren’t moving to Homer. While we have a home in Homer, where we will be for the next three weeks, we still call Boulder, Colorado our home. But we came very close to moving to Homer in 1995.

We got married in 1993. The second book in the Startup Revolution series, Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur , is shipping in the next week or so. My wife Amy Batchelor and I wrote this one, with contributions from about 20 other entrepreneurial couples. Amy and I have been friends since we met in college in 1984. We have been together as a couple since 1990. Our marriage almost ended in 2001. Today, I am ecstatic in my relationship with Amy.

In my mental model of Silicon Valley, the first "tree" was Fairchild Semiconductor (founded in 1957) which begat Intel (founded 1968) which begat Apple (1976) and Oracle (1977), which begat Sun (1982), Silicon Graphics (1981), and Cisco (1984) which begat Siebel (1993) and Netscape (1994), which begat Yahoo! This weekend finds NYC in between Internet Week (which I largely missed because of my London trip) and Disrupt NYC (which I will be at on and off this coming week).

million) of the 15 million net new jobs created between 1993 and 2009. This is a guest post from Jerry Engel, the Faculty Director of the National Science Foundation Innovation Corps (and the Founding Faculty Director of the Lester Center for Entrepreneurship at UC Berkeley.).

By 1987 I was regularly using faxes and Federal Express (the only overnight mail I was aware of), but a mobile phone and email didn’t really show up until around 1993 for me. I spent the day yesterday doing Denver Startup Week stuff. I was on a bunch of panels and during one of the Q&A sessions someone asked something to the effect of: “Now that things are moving faster than ever before, how do you deal with / keep up with them?”

later to become Glencore International AG, sold about 32 shipments to Romanian state firms from 1993 to 1996 made up of cheaper crude blends than agreed, and falsified documents, Julian Flaux, the judge in the London court, said in his ruling on Friday. (Bloomberg) -- Glencore Plc was ordered to pay just over $40 million to OMV Petrom SA by a U.K. court for fraudulently shipping oil of a lower-than-purported quality to Romania in the 1990s. Marc Rich & Co.,

In fact, a 1993 paper by Peter N. First-Mover Advantage is an idea that just won’t die. I hear it from every class of students, and each time I try to put a stake through its heart. Here’s one more attempt in trying to explain why confusing testosterone with strategy is a bad idea.

At the same time we were introducing the browser in 1993, Steven Spielberg released his magnum opus, the film Jurassic Park. I am tickled pink to announce Andreessen Horowitz’s participation in a new project called the Glass Collective. Along with our friends at Google Ventures and our old partners in crime at Kleiner Perkins, we are working with Google to encourage a new generation of startup entrepreneurs to build applications for Google’s new breakthrough Glass platform.

I learned this in 1993 when my first company was acquired by Len Fassler and Jerry Poch, two of the absolute master deal makers I’ve ever worked with. I’ve had some really crummy experiences with business and corporate development people in the past year. There’s been a strange change in ethos, where suddenly people have forgotten that when they do deals, they are doing deals with other people, not with a company.

I’ve only worked in what could be considered a “big” company for 18 months (1993 – 1995) and that was the company (AmeriData) that bought my first company (Feld Technologies). I am so very tired of MBO-based bonuses in startups. I knew the concept of MBOs pre-dated my time in business school, but I couldn’t remember where they came from. Wikipedia reminded me – it’s another Peter Drucker creation from The Practice of Management.

1993: Finding a way to make peace in the wake of Chris Hani''s assasination The second strategic decision occurred shortly after Mandela became a free man but before he was elected President in 1994. Only a handful of people in a century command the global authority that Nelson Mandela does.

10, 1993; Held by a noncorporate taxpayer (meaning any taxpayer other than a corporation); Acquired by the taxpayer on original issuance (there are exceptions to this rule); and. For the past twenty years, the US federal tax code has included provisions that allow startup investors to get favorable tax treatment on the capital gains they earn on early stage investments. These provisions are in Sections 1202 and Sections 1045 of the tax code.

All of which are in their 1993 era. In a very short period of time, opinions of anything can change. It wasn’t so long ago that these statements were made about the internet as a commercial platform: It’s for nerds. “Fine, you nerds can do what you want but normal people are never going to use this thing.” ” It’s completely decentralized, which means you can’t trust it.

Feld Technologies was acquired in November 1993. I often get asked how I ended up becoming a venture capitalist. When people ask me how they can become a VC, I point them to my partner Seth Levine’s excellent blog posts How to become a venture capitalist and How to get a job in venture capital (revisited). But it occurred to me today – after getting another email asking me how I’d become a VC, that I wasn’t really answering the question.

… In 1992, TWA filed for bankruptcy, emerging in 1993 with its creditors owning 55 percent of the company. He resigned as chairman in 1993, and by 1995 he was growing impatient to be repaid. From “TWA – Death Of A Legend” by Elaine X. Grant in St. Louis Magazine, October 2005. –––.

It 1993, I sold my first company, Feld Technologies, to a company called Sage Alerting Systems (which, after several name changes, became AmeriData Technologies.) Several years ago, Alex Iskold wrote a great overview of What It Is Like To Sell Your First Company. I thought it was a great description and encourage every entrepreneur who has never been through the sale of a company to read it.

In the period with which this case is concerned, 1993 to 1996, crude oil was being imported in accordance with the requirements of the refineries in Romania pursuant to programmes laid down by the Government, although it is fair to say that difficulties experienced by Romania in obtaining foreign currency from time to time in that period meant that the actual importation of crude oil was more haphazard than the programme might suggest.

According to an interview with TSR , the French-language Swiss TV broadcaster, Kamprad drives a 1993 Volvo 240 , flies only economy class , and encourages IKEA employees always to write on both sides of a piece of paper.

Here’s the quick story: in 1993, we founded our first company, Pinpoint Technologies, which grew from a basement startup to a successful multinational company with $50 million in annual sales and over 250 employees.

Here are a few examples from my first company, Feld Technologies (1987 – 1993). Ben Horowitz from Andreessen Horowitz has a beautiful post up titled The Struggle. He captures – in words – what many entrepreneurs, especially entrepreneurial CEOs go through. I’ve heard variants of it many times over the years and have experienced it myself in several companies where I’ve been the entrepreneur and many companies where I’ve been the investor.

Jimmy V’s classic ESPY speech from 1993, delivered two months before his cancer killed him, talks about cherishing every moment of good health. I came down with food poisoning last night. Twice during the night, I got out of bed, went into the bathroom, and threw up.

In 1993, the first topic pages and fan pages on the Web attracted disproportionate amounts of attention; Eric Lippert recounts how his Lord of the Rings fan page made him an “expert” In 2003, Amazon was able to drive traffic through Google AdWords even though in the beginning it was bidding only the minimum 5 cents a click on every keyword. There is a first-mover advantage. But it’s not what everyone thinks. It isn’t being the first product in a market.

Remember Lou Gerstner ran American Express before taking the helm at IBM in 1993. We all woke up to the news that Microsoft is buying Nokia for ~$7B (ok, not the carrier infrastructure biz but the main part of Nokia that anybody cares about).

Led by Avi Freedman, a top network pro with more than 20 years of experience (he was my first ISP in the Philadelphia area in 1993 and later ran Abovenet’s engineering and Akamai’s network groups), along with Co-founders Ian Applegate, Ian Pye, and Justin Biegel, the team has run large networks and service operations for decades.

The latter catapulted her to the national stage in 1993, when she read “On the Pulse of Morning” at Bill Clinton’s inauguration.) No music, no calls, and a bottle of sherry in empty hotel rooms: inside the process of a literary legend. Maya Angelou was many things--a waitress, a teacher, an activist, and a playwright, to name a few--but the 86-year-old, who quietly passed in her home this morning, was most renown for her accomplishments as an author.